New Ireland Passive IRIS Fund 2024
Lifecycle
Passive IRIS aims to grow and safeguard retirement savings based on a target or chosen year of retirement. It adopts a lifestyle investment strategy that recognises the mix of assets the investor has exposure to needs to adapt as the investor moves through life. This is done by adjusting gradually from a higher risk asset mix to a lower risk, more stable mix as retirement approaches. It is primarily aimed at those who want to invest in an Approved Retirement Fund at retirement. This fund is classified as an Article 8 Fund.
201.20
EUR
+28.64 (+16.60%) past 3 year
as of 19 May 2026Fund insights
Detailed information extracted from the fund factsheet.
Managed by State Street Investment Management
For some funds that invest in shares or bonds, the assets in that fund may be used for the purpose of securities lending in order to earn an additional return for the fund. While securities lending increases the level of risk within a fund it provides an opportunity to increase the investment return.
ESG & sustainability
Article 8 funds or Light Green Funds are defined as funds which promote environmental or social characteristics (although not exclusively) and which invest in companies that follow good governance practices. The underlying investments do not take into account the EU criteria for environmentally sustainable economic activities.
The fund promotes environmental or social characteristics (although not exclusively) and invests in companies that follow good governance practices.
Lifecycle strategy
Target retirement year: 2024
The fund adopts a lifestyle investment strategy that adjusts gradually from a higher risk asset mix to a lower risk, more stable mix as retirement approaches. Asset mix varies in line with journey to retirement.
Frequently asked questions
Common questions about New Ireland Passive IRIS Fund 2024.
Passive IRIS 2024 (6P) uses a lifestyle approach that gradually shifts the portfolio from a higher-risk mix to a lower-risk, more stable mix as retirement approaches. The fund can invest across equities, bonds, alternatives, property and cash, with the mix varying along the journey to the target retirement year. It is designed to adapt the asset mix over time rather than stay fixed.
Passive IRIS 2024 (6P) is primarily aimed at investors who want to invest in an Approved Retirement Fund at retirement. The fund is built around a target retirement year of 2024, so it is intended for people whose retirement planning is aligned with that date. It is also designed for medium to long-term investing, with a recommended horizon of at least 5-7 years.
Passive IRIS 2024 (6P) follows a lifecycle, or lifestyle, framework rather than keeping the same asset mix throughout. That means it automatically de-risks over time as retirement nears, moving from growth-oriented assets toward more stable holdings. This can suit investors who want their retirement savings managed in line with a changing risk profile without having to make those adjustments themselves.
Passive IRIS 2024 (6P) is exposed to sustainability risks, which means environmental, social or governance-related events could affect the value of the investments. The impact can be more significant for equities and property than for bonds or alternatives. Because the fund is diversified across several asset classes and regions, that may help reduce the damage if one area is hit.
Passive IRIS 2024 (6P) is classified as an Article 8 fund, meaning it promotes environmental or social characteristics and invests in companies that follow good governance practices. The fund does not take into account the EU criteria for environmentally sustainable economic activities. In other words, it supports ESG-related characteristics, but it is not necessarily focused only on investments that are classified as environmentally sustainable.
New Ireland Passive IRIS Fund 2024
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